For investing, we assume this person begins with a balance of $3,600 and then adds $3,600 a year for 19 years into a taxable investment portfolio using Ellevest's Build Wealth goal. We assume this portfolio starts with a 91% allocation to the stock market, which gradually decreases over time to make the portfolio more conservative. Then we used a Monte Carlo simulation — a forward-looking, computer-based calculation in which we run portfolios and savings rates through hundreds of different economic scenarios to determine a range of possible outcomes. The results reflect a 70% likelihood of achieving the amounts shown or better, and include the impact of the Ellevest plan fee, inflation, and taxes on interest, dividends, and realized capital gains. For saving, we assume a beginning balance of $3,600, plus $3,600 a year for 19 years into a savings account with fluctuating interest rates. The returns shown are model results only and do not represent the results of actual trading of client assets. Forecasts or projections of investment outcomes are estimates only, based upon numerous assumptions about future capital markets returns and economic factors. As estimates, they are imprecise and hypothetical in nature and are not guarantees of future results.